Available For Sale - Retail

9,026 SF | Show Pricing $

LISTED BY

Brian Brisky
Brisky Net Lease,

AVAILABILITY DETAILS

Size
9,026 SF
Price/SF
Show Pricing $
Listing ID
SA559275
Notes
Absolute NNN Lease -

Absolute NNN Master lease with zero landlord responsibilities. Investors will appreciate the established national tenant, over 6 years of term remaining, and corporate guarantee.



Limited Competition -

This Dollar General serves as a crucial retail option in an underserved area with minimal direct competition. Floodwood, located in St. Louis County, is strategically positioned roughly halfway between Duluth and Grand Rapids. Larger retail hubs, including Hibbing, Grand Rapids, and Cloquet, are 30–40 minutes away, ensuring consistent demand from the local community and travelers.



Well-Positioned in the Market -

This property is situated in a local retail submarket with a remarkably low vacancy rate of 0.5%. The tenant benefits from below-market rent, and the newer, easily accessible building enhances its appeal.



Strategic Highway Location -

Located along U.S. Highway 2, Floodwood’s primary thoroughfare with over 5,200 vehicles passing daily, the property benefits from dual highway access via U.S. Highway 2 and MN Highway 73, making it a convenient retail stop for both locals and travelers.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brian Brisky, Brisky Net Lease
BRE# 40546562